When it comes to compensating directors, salary and dividends are the most common methods. However, there are additional strategies that can help directors optimize their remuneration while managing tax liabilities. Letโs explore alternative options for director compensation beyond the standard salary and dividends. 1. Pension Contributions One of the most tax-efficient ways to remunerate a
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If you earn income from property rental, the Property Allowance can be a valuable tool for reducing your tax liability. Hereโs how to take full advantage of this allowance and optimize your savings. What is the Property Allowance? The Property Allowance is a tax relief that allows individuals to earn up to ยฃ1,000 in rental
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